Caterpillar Inks $60M Deal To Exit Bus Engine Defect Suit

By Brandon Lowrey (April 20, 2016, 7:18 PM EDT) -- Caterpillar Inc. on Wednesday told a New Jersey federal judge that it has agreed to pay $60 million to end bus and trucking companies' class claims alleging that it sold bus engines with a defective anti-pollution system, but said that it still stands behind its legal positions and its products....

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